Bhp (BHP) Operating Margin (2021 - 2025)
Bhp's (BHP) quarterly Operating Margin came in at 43.94% in Q4 2025, up 769.0% on a YoY basis from 5.06% in Q4 2024, and up 21.22% quarter-over-quarter from 36.25% in Q4 2024.
Analysis
Bhp (BHP) Operating Margin (2021 - 2025) Analysis & Trends
Bhp (BHP) has reported Operating Margin for 5 consecutive years, with 43.94% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 769.0% year-over-year to 43.94%; the trailing twelve-month figure through Dec 2025 stood at 24.78% (down 178.0% YoY), and the FY2026 full-year result was 40.62%, up 265.0% from the prior year.
- Operating Margin grew to 43.94% in Q4 2025 per BHP's latest filing, from 36.25% in the prior quarter.
- Across five years, Operating Margin topped out at 48.63% in Q4 2021 and bottomed at 0.31% in Q4 2022.
- Historically, Operating Margin has averaged 29.35% across 5 years, with a median of 36.25% in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin sank 4832 bps in 2022, then soared 1861 bps in 2024.
- Over 5 years, Operating Margin stood at 48.63% in 2021, then tumbled by 99 bps to 0.31% in 2022, then jumped by 5569 bps to 17.64% in 2023, then jumped by 106 bps to 36.25% in 2024, then climbed by 21 bps to 43.94% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 43.94%, 36.25%, and 17.64% for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn | - |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn | -29.28% |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | 20.57% |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 42.53% |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 43.94% |
| Dec 31, 2024 | 36.25% |
| Dec 31, 2023 | 17.64% |
| Dec 31, 2022 | 0.31% |
| Dec 31, 2021 | 48.63% |